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re: Gov. John Bel Edwards wants big changes in how LA biz, individuals taxed
Posted on 3/17/17 at 8:08 am to tke857
Posted on 3/17/17 at 8:08 am to tke857
quote:
Many of the services that the governor wants to make subject to sales taxes — including cable TV and internet service — are already taxed in neighboring Texas.
Nice spin zone We don't have state income tax, which is why these are taxed. Also why we have higher property taxes.
Posted on 3/17/17 at 8:15 am to TH03
Yeah exactly. Or how about increasing royalties from O&G companies that ship out from LA?
Posted on 3/17/17 at 1:44 pm to TH03
quote:
quote: Many of the services that the governor wants to make subject to sales taxes — including cable TV and internet service — are already taxed in neighboring Texas. Nice spin zone We don't have state income tax, which is why these are taxed. Also why we have higher property taxes.
I agree entirely. The Texas system is so much more effective. They actually take pride in their local governments and school districts ability to operate efficiently and save the taxpayer's money.
Their system of higher user fees also helps the "non users" to enjoy lower taxation and more freedoms.
By have no state income taxes but higher property taxes Texas attracts wealthier individuals and business that don't mind paying higher property taxes because it saves them so much more in income taxes.
The Texas system is so much more intelligent than Louisiana's. I think many of the businesses that were referred to as not paying state income taxes may leave if Edwards has his way.
Socialism never works.
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